SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Stock Price Up 1.3% – Here’s Why

Shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) traded up 1.3% during mid-day trading on Tuesday . The stock traded as high as $64.18 and last traded at $64.18. 52,726 shares traded hands during trading, a decline of 5% from the average session volume of 55,357 shares. The stock had previously closed at $63.35.

SPDR Portfolio MSCI Global Stock Market ETF Stock Up 1.3 %

The firm has a market capitalization of $840.76 million, a price-to-earnings ratio of 19.77 and a beta of 0.95. The business’s fifty day moving average is $63.76 and its 200 day moving average is $61.69.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SPDR Portfolio MSCI Global Stock Market ETF stock. Rothschild Investment LLC bought a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 569 shares of the company’s stock, valued at approximately $35,000.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is an exchange-traded fund that is based on the MSCI AC World IMI index, a market-cap-weighted index of global stocks covering 99% of the developed and emerging markets capitalization. SPGM was launched on Feb 27, 2012 and is managed by State Street.